JIAHUA STORES H (00602.HK): Delayed Despatch of Circular on Disposal of Leasehold Improvements to 23 Oct
- The circular concerns the 1 Sept 2026 disclosure of disposing leasehold improvements and equipment.
- Delay is to prepare working capital proof and debt statement and other financial data.
- A Rule 14.41(a) waiver was granted; new despatch date is 23 October 2026 or before.
NewTimeSpace News: On 21 September 2026, Jiahua Stores Holdings Limited (stock code: 00602) referred to its announcement dated 1 September 2026 regarding the disposal of leasehold improvements and equipment (the "Transaction"). As disclosed, a circular on the Transaction was expected to be despatched by 21 September 2026.
As the Company needs more time to prepare and finalise certain information to be included in the circular, including financial information such as proof of working capital sufficiency, a debt statement and other items, it has applied to the Stock Exchange for a waiver of strict compliance with Rule 14.41(a) to extend the despatch date.
The circular is now expected to be despatched on or before 23 October 2026. The circular concerns the above major transaction of disposing leasehold improvements and equipment, and can only be despatched after the relevant financial information is prepared and finalised.
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